United Airlines Holdings Inc (UAL)
Number of days of payables
Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Payables turnover | 8.87 | 7.82 | 7.68 | 8.12 | 8.70 | 7.80 | 6.36 | 6.50 | 6.15 | 4.42 | 3.86 | 3.96 | 7.48 | 6.67 | 9.52 | 8.86 | 7.78 | 7.44 | 7.01 | 7.79 | |
Number of days of payables | days | 41.14 | 46.70 | 47.54 | 44.96 | 41.94 | 46.79 | 57.43 | 56.19 | 59.37 | 82.54 | 94.66 | 92.18 | 48.80 | 54.74 | 38.35 | 41.20 | 46.92 | 49.04 | 52.04 | 46.88 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 8.87
= 41.14
To calculate the number of days of payables for United Airlines Holdings Inc, we would need information on accounts payable and cost of goods sold. However, without the specific data for each quarter provided in the table, we are unable to compute the number of days of payables.
In general, a lower number of days of payables indicates that the company is taking fewer days to pay its suppliers, while a higher number of days suggests that the company is taking more time to settle its payables. This metric could reflect the company's liquidity position and ability to manage its working capital efficiently.
For a more detailed analysis, I recommend obtaining the necessary financial data for United Airlines Holdings Inc to accurately calculate the number of days of payables across the specified quarters.
Peer comparison
Dec 31, 2023
See also:
United Airlines Holdings Inc Average Payables Payment Period (Quarterly Data)